Insurance news in 2026
3 stories, newest first.
- June 2026
FCA updates ICOBS 5.3 guidance on advised insurance sales
The Financial Conduct Authority has added new handbook guidance on advised insurance sales, covering suitability across packaged policies and pure protection contracts, effective from 26 June 2026.
- May 2026
Government publishes FOS review consultation outcome with package of proposed reforms
The government has published the outcome of its review of the Financial Ombudsman Service, proposing a 10-year complaint time limit, an adapted Fair and Reasonable test and new FCA referral duties.
Government publishes FOS consultation response and final reform plans
The government has confirmed final plans to reform the Financial Ombudsman Service, including a 10-year complaint time limit and a narrower Fair and Reasonable test, and will not make it an FCA subsidiary.